Nov 11, 2022 / 08:00AM GMT
Operator
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS' Third Quarter '22 and 9 Months '22 Results Presentation. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Luigi Lovaglio, Chief Executive Officer and General Manager of MPS. Please go ahead, sir.
Luigi Lovaglio - Banca Monte dei Paschi di Siena S.p.A. - CEO, GM & Director
Good morning, everybody. My warm welcome to all of you. Many thanks for joining us to Monte dei Paschi's third quarter and 9 months results presentation. I'm very satisfied because we are starting a completely new chapter of the oldest bank in the world.
With the results I'm going to present, I'll reveal strong points of Monte dei Paschi's life. In August, I told you we were working on the plan implementation at full steam. Today, I can say we have already delivered the most important pillars of our plan. EUR 2.5 billion capital increase that allows the bank to reduce the HR cost by over 20% in 1 shot and to be in the position to fully exploit
Q3 2022 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript
Feb 12, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers